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SIIC Environment Holdings (BHK) AI Stock Analysis
SIIC Environment Holdings
(SGX:BHK)
The overall score is driven mainly by a balanced financial profile that combines decent profitability and a growing asset base with high leverage, weakening growth, and fragile, volatile cash generation, while an unusually attractive valuation with a low P/E and high dividend yield partially offsets these risks; weaker technicals, with the price trading below key moving averages and momentum indicators pointing to mild downside pressure, further temper the outlook, resulting in a mid-range risk–reward assessment.
SIIC Environment Holdings (BHK) vs. iShares MSCI Singapore ETF (EWS)
- Market Cap
- SGD 283.32M
- Dividend Yield
- 6.96%
- Average Volume (3M)
- 192.56K
- Price to Earnings (P/E)
- 3.0
- Beta (1Y)
- 0.33
- Revenue Growth
- ―
- EPS Growth
- ―
- Country
- Singapore
- Employees
- 6,526
- Sector
- Utilities
- Sector Strength
- 66
- Industry
- Regulated Water
SIIC Environment Holdings Business Overview & Revenue Model
Company Description
SIIC Environment Holdings Ltd., an investment firm established in Singapore in 2002, focuses on providing a range of environmental solutions, primarily within the People's Republic of China. Its core activities encompass wastewater processing, water...
How the Company Makes Money
The company primarily makes money from operating municipal solid waste-to-energy (WTE) incineration plants in China. Key revenue streams typically include: (1) waste treatment (tipping) fees paid by local municipalities or government-linked counterpa...
SIIC Environment Holdings Financial Statement Overview
Summary
Profitability is solid with mid-30% gross and operating margins and stable net margins, and shareholders’ equity has grown over time, but revenue has turned negative in recent years, returns on equity have slipped to the mid-5% range, leverage is high with debt around twice equity, and cash generation is volatile with historically weak free cash flow coverage of earnings.
Income Statement
68PositiveBalance Sheet
55NeutralCash Flow
32Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 6.94B | 6.99B | 7.60B | 7.57B | 8.30B | 7.27B |
| Gross Profit | 2.39B | 2.43B | 2.62B | 2.70B | 2.63B | 2.40B |
| EBITDA | 2.50B | 2.57B | 2.60B | 2.68B | 2.60B | 2.45B |
| Net Income | 578.89M | 603.29M | 605.14M | 604.02M | 780.20M | 706.16M |
Balance Sheet | ||||||
| Total Assets | 44.37B | 44.48B | 44.96B | 42.61B | 40.55B | 37.51B |
| Cash, Cash Equivalents and Short-Term Investments | 2.91B | 3.50B | 2.93B | 2.95B | 2.61B | 2.80B |
| Total Debt | 21.69B | 21.77B | 22.39B | 20.30B | 19.21B | 16.72B |
| Total Liabilities | 27.41B | 27.81B | 28.87B | 27.32B | 25.73B | 23.48B |
| Stockholders Equity | 11.18B | 11.04B | 10.64B | 10.13B | 9.82B | 9.53B |
Cash Flow | ||||||
| Free Cash Flow | -95.93M | 87.15M | -1.20B | 772.32M | -1.85B | -555.63M |
| Operating Cash Flow | 790.01M | 788.15M | 565.09M | 1.90B | -1.39B | 315.62M |
| Investing Cash Flow | -881.83M | 68.17M | -1.71B | -1.43B | -658.12M | -867.08M |
| Financing Cash Flow | -2.20B | -1.46B | 1.17B | -89.46M | 1.76B | 678.55M |
SIIC Environment Holdings Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:BHK, the sentiment is Positive. The current price of 0.16 is above the 20-day moving average (MA) of 0.15, above the 50-day MA of 0.16, and below the 200-day MA of 0.16, indicating a neutral trend. The MACD of 0.00 indicates Negative momentum. The RSI at 64.26 is Neutral, neither overbought nor oversold. The STOCH value of 76.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:BHK.
SIIC Environment Holdings Peers Comparison
Overall Rating
SG:5GD71Outperform
SG:BWM68Neutral
SG:U9663Neutral- SG:BHK58Neutral
SG:U9E58Neutral
SG:5IG42Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| SG:5GD | 71Outperform | SGD 455.96M | 6.37 | 18.01% | ― | ― | ― |
| SG:BWM | 68Neutral | SGD 1.02B | 6.26 | 10.04% | 5.29% | 5.25% | 11.02% |
| Sector * | 66Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% |
| SG:U96 | 63Neutral | SGD 10.40B | 17.50 | 10.86% | 4.62% | 7.75% | -41.04% |
| SG:BHK | 58Neutral | SGD 406.96M | 3.04 | 6.52% | 6.96% | ― | ― |
| SG:U9E | 58Neutral | SGD 590.29M | 4.54 | 5.70% | 8.24% | -36.35% | -23.32% |
| SG:5IG | 42Neutral | SGD 256.77M | -7.34 | -5.73% | ― | 17.62% | -326.67% |
* Utilities Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| SG:BHK | SIIC Environment Holdings | 0.16 | -0.01 | -6.51% | |
| SG:U9E | China Everbright Water | 0.20 | -0.04 | -14.94% | |
| SG:5IG | Gallant Venture | 0.05 | -0.03 | -38.16% | |
| SG:U96 | Sembcorp Industries | 5.85 | -0.46 | -7.22% | |
| SG:BWM | Zheneng Jinjiang Environment Holding Co., Ltd. | 0.70 | 0.28 | 67.87% | |
| SG:5GD | Sunpower Group Ltd. | 0.56 | 0.08 | 15.63% |
SIIC Environment Holdings Corporate Events
SIIC Environment Holds Share Capital Steady, Confirms Public Float Compliance
SIIC Environment Holdings reported no changes to its share capital for the month ended 30 September 2026, with total issued ordinary shares remaining at 2,575,665,726 and no treasury shares recorded. The company confirmed compliance with Hong Kong...
SIIC Environment shifts shareholder communications to electronic-only under HK paperless regime
SIIC Environment Holdings has published its latest interim report, making both English and Chinese versions available on its corporate website and the HKEXnews portal, with printed copies sent to shareholders who have opted for hard copies. The compa...
SIIC Environment Keeps Share Capital Steady, Confirms HKEX Float Compliance
SIIC Environment Holdings reported that its issued share capital remained unchanged in August 2026, with 2,575,665,726 ordinary shares in issue and no treasury shares held. The company confirmed that it continued to meet Hong Kong Stock Exchange publ...
SIIC Environment Keeps Share Capital Stable and Confirms Public Float Compliance
SIIC Environment Holdings reported that its issued share capital remained unchanged at 2,575,665,726 ordinary shares for the month ended 31 July 2026, with no treasury shares and no movements involving options, warrants, convertibles or other share i...
SIIC Environment Expands China Water Portfolio with 2026 Project Milestones
SIIC Environment Holdings reported significant progress in the first half of 2026, deepening its presence in core segments of wastewater treatment, water supply and reclaimed water. The group completed four acquisition projects in Liaoning Province,...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Aug 04, 2026